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See how verdicts work2-bedroom semi-detached house · NE10 8DA
Listing removedListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the charming area of Evanlade, Leam Lane. This lovely two-bedroom semi-detached house offers a delightful blend of comfort and convenience.
Upon entering, you are welcomed by an inviting entrance lobby that leads into a spacious lounge, perfect for relaxation or entertaining guests. The modern kitchen is well-equipped.
On the first floor, you will find two generously sized double bedrooms, providing ample space for rest and personalisation.
The family bathroom is thoughtfully designed, catering to the needs of a modern household.
Outside, the property boasts a rear yard that can serve as off-street parking, a valuable feature in this area.
Additionally, a front garden enhances the property's curb appeal and offers a pleasant view, as it overlooks a green space, adding to the tranquil atmosphere.
Situated on the outskirts of the Lean Lane estate, this home benefits from a great location, providing easy access to local amenities and transport links.
This semi-detached house is not just a property; it is a wonderful opportunity for those seeking a comfortable and stylish living space.
Entrance Lobby - Lounge - 5.45 x 3.51 (17'10" x 11'6") - Breakfasting Kitchen - 4.21 x 3.03 (13'9" x 9'11") - Accommodation First Floor - Bedroom One - 4.72 x 2.76 (15'5" x 9'0") - Bedroom Two - 3.79 x 2.61 (12'5" x 8'6") - Bathroom / W.C - External - Property Disclaimer - IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. We cannot also confirm at this stage of marketing the tenure of this house.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Evanlade, Gateshead
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